Xponential Fitness (NYSE:XPOF) Downgraded by Wall Street Zen to “Sell”

Wall Street Zen downgraded shares of Xponential Fitness (NYSE:XPOF) from a hold rating to a sell rating in a research report released on Saturday morning.

A number of other equities research analysts have also weighed in on the stock. Northland Securities upgraded shares of Xponential Fitness from a “market perform” rating to an “outperform” rating and set a $8.00 price objective for the company in a report on Wednesday, May 20th. Weiss Ratings raised shares of Xponential Fitness from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday. Zacks Research upgraded shares of Xponential Fitness from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 7th. Lake Street Capital downgraded shares of Xponential Fitness from a “buy” rating to a “hold” rating and set a $6.00 price target for the company. in a research note on Friday, May 8th. Finally, Roth Capital set a $7.00 price target on shares of Xponential Fitness in a research report on Friday, May 8th. Two analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $8.44.

Xponential Fitness Trading Down 0.1%

Shares of NYSE XPOF opened at $6.53 on Friday. The stock’s 50-day moving average is $6.43 and its 200 day moving average is $6.71. The stock has a market cap of $320.83 million, a price-to-earnings ratio of -4.73 and a beta of 1.07. Xponential Fitness has a 1-year low of $3.83 and a 1-year high of $10.72.

Xponential Fitness (NYSE:XPOF) last issued its earnings results on Thursday, May 7th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.15). Xponential Fitness had a negative return on equity of 3.40% and a negative net margin of 11.28%.The firm had revenue of $60.71 million during the quarter, compared to analysts’ expectations of $63.75 million. During the same period in the prior year, the company earned $0.20 EPS. The firm’s quarterly revenue was down 21.0% compared to the same quarter last year. On average, analysts forecast that Xponential Fitness will post 0.4 EPS for the current fiscal year.

Institutional Trading of Xponential Fitness

A number of institutional investors have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd increased its stake in shares of Xponential Fitness by 1,621.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,632 shares of the company’s stock worth $30,000 after buying an additional 3,421 shares during the period. Aquatic Capital Management LLC purchased a new stake in Xponential Fitness during the 3rd quarter valued at $44,000. Larson Financial Group LLC purchased a new stake in Xponential Fitness during the 3rd quarter valued at $54,000. Wexford Capital LP bought a new stake in Xponential Fitness in the 3rd quarter worth $59,000. Finally, IMC Chicago LLC bought a new stake in Xponential Fitness in the 1st quarter worth $76,000. Hedge funds and other institutional investors own 58.55% of the company’s stock.

About Xponential Fitness

Xponential Fitness is a leading franchisor and operator of boutique fitness studios headquartered in Irvine, California. The company specializes in developing, marketing, and supporting a portfolio of fitness brands that deliver low-impact cardio, strength training, and mindful movement workouts. Through its asset-light franchise model, Xponential provides entrepreneurs with proprietary studio designs, branded equipment, digital support, and comprehensive training programs to ensure consistent member experiences.

Its portfolio comprises core brands such as Club Pilates, Pure Barre, CycleBar, StretchLab, YogaSix, Row House, Rumble, AKT, and STRIDE.